RCG Longview

TruAmerica Multifamily has announced that in partnership with two other companies, DVO Real Estate and RCG Longview, it has purchased Tamarac Village Apartments, its first acquisition in the Denver metro area.

Walnut Capital and its financial partner, the RCG Longview Fund, have closed on the acquisition of the vacant Reizenstein School in Pittsburgh’s East Liberty section. The purchase of the property will allow the developers to move forward with their plans for the approximately $100 million Bakery Square 2.0 development.
Plans now call for three office buildings totaling 400,000 square feet, two 175-unit apartment buildings, 57 rental townhouses, an underground parking garage, new streets, as well as public and private green spaces. It is estimated that the project’s full build-out period will span over five years. “Bakery Square 2.0 will be another world class development and is expected to create more than 1,200 new jobs and offer amazing office and housing opportunities that will attract new businesses and residents,” Mayor Luke Ravenstahl said.

APEX Condominiums, a new luxury building in Harlem, N.Y., is 70 percent sold, according to RCG Longview, a real estate operating and investment management firm, and The Marketing Directors Inc., the marketing firm for the building.